Extract from Jon Fowler’s article “Transforming Dispute Processes in Law: The Impact of Large Language Models”
Large language models (LLMs) have ushered in a new era of legal practice, significantly disrupting traditional dispute resolution methodologies. Beyond their application in enhancing legal research and e-discovery, they are poised to revolutionize alternative dispute resolution (ADR) mechanisms.
Revolutionizing Legal Research, LLMs in Practice
One of the most prominent applications of LLMs in litigation is their ability to augment legal research. By analysing vast datasets of legal materials, they can swiftly identify relevant case law, statutes, and other pertinent legal documents, thereby saving legal practitioners valuable time and effort. Furthermore, they can summarize complex legal concepts and arguments concisely and understandably, facilitating effective communication between legal professionals and their clients.
In e-discovery, LLMs have emerged as indispensable document review and analysis tools. These models can use natural language processing techniques to identify key documents and extract relevant information from extensive datasets. This significantly reduces the time and cost associated with manual document review, enabling legal professionals to concentrate on more strategic aspects of the case.